Not too worried about TM1 current capital - from the recent Quarterly:
"Subsequent to the end of the quarter, the Company completed a share placement of 60 million
new ordinary shares to institutional and sophisticated investors at an issue price of $0.035 per
share, to raise gross proceeds of $2.1 million (“Placement”. The Company’s largest shareholder,
Tribeca, subscribed for 9.4 million shares under the Placement and Directors of the Company
subscribed for 7.9 million shares under the Placement."
I picked up some TM1 just in case it's one of those life-changing discoveries I keep hearing about (and missing out on). The volume and strength is quite impressive. But could easily fall to pieces later this afternoon. Hard to tell.
Where are the mineral gurus around here?
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- Afternoon trading June 20
Afternoon trading June 20, page-3
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